Mark Zuckerberg, CEO of Meta Platforms. Artificial intelligence has been an integral focus for the tech giant's leader amid competition from players like OpenAI, Microsoft and Google.Meta on Wednesday announced it's rolling out a new AI "world model" that can better understand the 3D environment and movements of physical objects.The tech giant, which owns popular social media apps Facebook and Instagram, said its new open-source AI model V-JEPA 2 can understand, predict and plan in the physical world. Known ...

Several years ago, Facebook parent Meta Platforms (META 1.21%) changed its name, partly to reflect its newfound focus on its metaverse ambitions. Although the company is still working on that project, its initiatives in artificial intelligence (AI) garnered more headlines recently. Meta is looking to transform its business through AI, and recent news suggests it may take a significant step in that direction by the end of 2026. Let's examine these developments and determine whether they make Meta Platforms s ...

Core Insights - Meta is planning to invest $14 billion in Scale AI to enhance its artificial intelligence capabilities, reflecting frustration with its current standing in the AI sector [2][4][8] - Alexandr Wang, CEO of Scale AI, is expected to lead a new AI research lab at Meta, indicating a strategic shift towards leveraging external talent to bolster AI initiatives [5][12] Investment Details - Meta's investment in Scale AI is reported to be around $14 billion, with some sources suggesting it could be close to $15 billion [2][5] - The deal will result in Meta acquiring a 49% stake in Scale AI, which specializes in data labeling and annotation for AI models [5][6] Strategic Context - Meta's approach mirrors strategies of other tech giants like Google and Microsoft, which have opted for significant stakes in AI startups rather than outright acquisitions to avoid regulatory scrutiny [4][8] - The investment comes amid ongoing antitrust challenges faced by Meta, prompting a cautious approach to acquisitions [4] AI Challenges at Meta - Meta has faced challenges with its AI models, particularly the Llama 4, which did not meet developer expectations, leading to internal restructuring within its AI teams [8][9][11] - Zuckerberg's dissatisfaction with Meta's AI progress has led to a shift in focus from its Fundamental Artificial Intelligence Research unit to a more product-oriented approach [8][10] Alexandr Wang's Role - Wang is recognized for his expertise in AI and business, and his leadership is seen as crucial for improving Meta's AI strategy [3][12] - His experience with competitors like OpenAI positions him as a valuable asset for Meta in navigating the competitive landscape of AI development [14][15] Industry Implications - Scale AI has established itself as a key player in the AI sector, working with major companies and expanding into the defense industry, which may enhance Meta's capabilities in this area [7][8] - The collaboration between Meta and Scale AI could lead to advancements in AI technologies that support national security and other critical applications [7][12]

Meta Platforms Inc. META is entering its most statistically favorable 30-day stretch of the year, with a track record of consistently strong returns from June 11 to July 11 over the past 13 years. With shares trading at $698 on Tuesday, around 6% below their all-time high of $740 reached on Feb. 14, the stage may be set for a fresh breakout of record levels. A Remarkably Reliable Seasonal Pattern For MetaHistorical data from Seasonax shows that Meta shares have delivered gains in 12 out of the past 13 years ...

Core Insights - Meta Platforms has agreed to acquire a 49% stake in Scale AI for $14.8 billion, which is significant for the development of AI tools like ChatGPT [1] - The deal is expected to benefit Scale AI's investors and employees, indicating a positive outlook for the startup [2] - Scale AI CEO Alexandr Wang will assume a leadership role at Meta, overseeing a new "superintelligence" lab [4] Company Strategy - Meta is actively recruiting top AI researchers to enhance its AI capabilities, addressing concerns about falling behind in the AI race [5][8] - The company has faced challenges with its Llama 4 large language models and has delayed the release of its flagship "Behemoth" AI model due to performance concerns [5] - The structure of the deal with Scale AI may be designed to mitigate regulatory scrutiny, reflecting Meta's ongoing antitrust challenges [6][7] Financial Performance - Scale AI was valued at $13.8 billion in a recent funding round and generated approximately $870 million in revenue in 2024, with expectations to exceed $2 billion in 2025 [7] - The company serves notable clients, including OpenAI, Microsoft, and Cisco Systems, highlighting its importance in the AI ecosystem [7]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

In Brief Meta plans to unveil a new AI research lab dedicated to “superintelligence” as the company works to compete in the AI race, according to several reports.Meta has tapped Scale AI founder and CEO Alexandr Wang to join the new lab, The New York Times reports. Meta has been in talks to invest billions into Scale AI as part of a deal that would bring Scale AI employees to Meta. Meta has also been poaching lead researchers from OpenAI and Google, per the Times.  The new lab comes as Meta CEO Mark Zucker ...

Meta Platforms TodayMETAMeta Platforms$700.78 +6.72 (+0.97%) 52-Week Range$442.65▼$740.91Dividend Yield0.30%P/E Ratio29.27Price Target$702.48Add to WatchlistAmong the almighty Magnificent Seven stocks, Meta Platforms NASDAQ: META is now the undisputed front-runner when it comes to performance so far in 2025. As of the June 9 close, Meta has provided a total return of just under 19%. Coming in at second place is Microsoft NASDAQ: MSFT, with its return of just under 13%. The two names jockeyed back and forth ...

Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025.Meta is forming a new artificial intelligence research lab and bringing on Alexandr Wang, the founder and CEO of the startup Scale AI, according to The New York Times.The research lab is going to pursue a concept known as "superintelligence," which is an AI system that surpasses human intelligence, The New York ...

After a rough start to the year, tech stocks have come roaring back. As of this writing, the tech-heavy Nasdaq Composite index has surged by more than 25% over the last two months. So with market sentiment swinging back in favor of tech stocks, let's have a closer look at two social media stocks that I believe are buys right now. Reddit First up is Reddit (RDDT). A relative newcomer as far as social media stocks go, Reddit has only been a public company for a little over a year. However, during that time, i ...